Billesley Manor Joins Marriott's Tribute Portfolio
Deal News | Apr 14, 2025 | Keystone Law
Keystone Law, through its hospitality partner Alyona Antonenko, has successfully advised the owner of Billesley Manor Hotel & Spa on franchise arrangements with Marriott International. This strategic move allows the hotel to join Marriott's Tribute Portfolio, a growing collection of unique, independent hotels around the world. The hotel, located in Warwickshire and renowned for its historical significance as the place where William Shakespeare wrote 'As You Like It,' has undergone significant rebranding. The deal, concluded in Q4 2024, involved coordinating a management agreement with TROO Hospitality as the operator alongside Marriott for franchise inclusion. This move is expected to revitalize the hotel's appeal, fostering a mix of continuous and new patronage under the fresh Tribute Portfolio branding. Shashank Bhagat, Chairman of Bi Group, expressed optimism about the transformation and the potential for a renewed guest experience. Meanwhile, Alyona Antonenko highlighted the seamless transition into the Tribute Portfolio, indicative of a promising future for the historically rich property.
Sectors
- Hospitality
- Legal Services
Geography
- United Kingdom – The location of Billesley Manor Hotel & Spa, and where the franchise agreement transaction is taking place.
Industry
- Hospitality – The industry relevant to the article, as it involves hotel operations, franchise agreements, and property management within the hospitality sector.
- Legal Services – Involvement of Keystone Law in providing legal advisory services for the franchise agreement showcases the relevance of the legal services industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Billesley Manor Hotel & Spa | Target | Company | The hotel joining Marriott International’s Tribute Portfolio, located in Warwickshire, UK. |
Marriott International | Franchisor | Company | The global hotel chain that Billesley Manor Hotel & Spa is joining as part of its Tribute Portfolio. |
Keystone Law | Legal Advisor | Company | The legal firm advising on the franchise arrangements for Billesley Manor Hotel & Spa. |
Alyona Antonenko | Legal Representative | Person | Hospitality partner at Keystone Law who advised on the franchise arrangements. |
Bi Group | Owner | Company | The owning company of Billesley Manor Hotel & Spa. |
Shashank Bhagat | Chairman | Person | Chairman of Bi Group, involved in the franchise agreement process. |
TROO Hospitality | Operator | Company | The company acting as the operator under the management agreement for the hotel. |